Matthew Skaruppa - Aug 15, 2021 Form 4 Insider Report for Duolingo, Inc. (DUOL)

Role
Chief Financial Officer
Signature
/s/ Stephen Chen, as Attorney-in-Fact for Matthew Skaruppa
Stock symbol
DUOL
Transactions as of
Aug 15, 2021
Transactions value $
$0
Form type
4
Date filed
9/22/2021, 05:17 PM
Previous filing
Jul 27, 2021
Next filing
Nov 17, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DUOL Restricted Stock Units Award $0 +1.45K $0.00 1.45K Aug 15, 2021 Class A Common Stock 1.45K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Class A Common Stock.
F2 100% of the RSUs shall be immediately vested as of August 15, 2021 and settle on November 15, 2021.